Adding new-age tech businesses Zomato and Jio Financial Services to the benchmark Nifty 50 is estimated to boost the index’s value by 2.5%. Zomato and Jio Financial Services will join the Indian stock market benchmark index Nifty 50 on March 28, 2025, as the National Stock Exchange (NSE) stated in the forthcoming semi-annual indices rearrangement….
Telecom industry revenue is expected to climb 16-17% year on year in the March quarter of FY25, which might boost the performance of big private carriers Reliance Jio and Bharti Airtel, while Vodafone Idea (Vi) is expected to have fewer subscriber losses in Q4FY25. Both firms are likely to post significant subscriber growth now that…
Singapore unveiled on Friday a series of initiatives to revitalize its equities market, including a 20% tax break for main listings and a S$5 billion ($3.74 billion) program aimed at investing in indigenous businesses. The announcement goes into further depth on the steps outlined by Singapore’s equities market review committee on February 13 to revitalize…
Japan’s Nikkei share average recovered losses to finish higher on Friday, as comments from Bank of Japan Governor Kazuo Ueda allayed concerns that the central bank would hike interest rates rapidly. The Nikkei closed 0.26% higher at 38,776.94 after sliding as much as 0.6% earlier in the session due to a stronger yen and concerns…
The National Stock Exchange (NSE) announced significant revisions to its benchmark indices on Friday, February 21, with food delivery company Zomato and Jio Financial Services Ltd (JFSL) scheduled to join the more extensive Nifty 50 index in the following semi-annual reshuffle, which will take effect March 28, 2025. The move indicates that conventional investors have…
Madhabi Puri Buch, chairman of the Securities and Exchange Board of India (Sebi), said on Friday that the regulator did not need to comment on the current drop in mid-and small-cap stocks, which had raised her worries last year due to their high valuations. Speaking at an event in Mumbai, the regulator relied on her…
Every Indian house has that one robust, ancient closet that silently guards family antiques, crucial documents, and childhood mementos. It has held strong for decades, maturing gracefully while staying as dependable as ever. And when it comes to security, one name has remained in the minds of Indians for decades: Godrej. From safes and locks…
Winter storm Kingston is on the move, and additional snow and ice are predicted from Kentucky and West Virginia throughout the Mid-Atlantic. Expect traffic delays, further school closures, and a serious ice threat in North and South Carolina. This might cover Charlotte, Fayetteville, Raleigh, and Greenville, North Carolina, with light icing extending south of Columbia,…
A winter weather advisory remains in force for the Ohio Valley, with snow predicted to cause dangerous travel conditions until Thursday morning. According to the National Weather Service in Wilmington, snow will fall throughout Ohio, Indiana, and Kentucky until 11 a.m. Thursday. Accumulations are forecast to reach one to two inches, which could make roads,…
Following a snowy and blustery Thursday, Virginia residents may expect a notable warm-up over the weekend, with sunshine and increasing temperatures. According to the National Weather Service, snow fell Thursday morning, causing hazardous road conditions for the commute. Winds gusted up to 33 mph, making for a blustery day. However, drier weather and sunlight are…